Vinva Investment Management Ltd Increases Position in Crown Holdings, Inc. $CCK

Vinva Investment Management Ltd lifted its holdings in shares of Crown Holdings, Inc. (NYSE:CCK) by 152.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 194,348 shares of the industrial products company’s stock after buying an additional 117,494 shares during the period. Vinva Investment Management Ltd owned approximately 0.17% of Crown worth $20,393,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its holdings in shares of Crown by 5.3% in the second quarter. Bank of New York Mellon Corp now owns 3,300,662 shares of the industrial products company’s stock valued at $339,902,000 after purchasing an additional 165,600 shares during the period. AQR Capital Management LLC increased its stake in Crown by 3.7% in the 1st quarter. AQR Capital Management LLC now owns 1,768,476 shares of the industrial products company’s stock valued at $156,988,000 after buying an additional 63,395 shares during the period. Invesco Ltd. raised its position in Crown by 412.2% during the 1st quarter. Invesco Ltd. now owns 1,719,296 shares of the industrial products company’s stock worth $153,464,000 after buying an additional 1,383,624 shares during the last quarter. Nordea Investment Management AB lifted its stake in shares of Crown by 16.7% in the 2nd quarter. Nordea Investment Management AB now owns 1,691,770 shares of the industrial products company’s stock worth $174,015,000 after acquiring an additional 242,072 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Crown by 5.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,637,155 shares of the industrial products company’s stock valued at $146,117,000 after acquiring an additional 83,523 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Price Performance

Shares of NYSE CCK opened at $96.99 on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.69 and a debt-to-equity ratio of 1.67. The company’s 50-day moving average price is $95.91 and its 200 day moving average price is $99.07. Crown Holdings, Inc. has a 52 week low of $75.98 and a 52 week high of $109.48. The stock has a market cap of $11.19 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 1.30 and a beta of 0.78.

Crown (NYSE:CCK) last announced its quarterly earnings results on Monday, October 20th. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.26. Crown had a net margin of 7.79% and a return on equity of 27.35%. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the prior year, the firm earned $1.99 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. Crown has set its Q4 2025 guidance at 1.650-1.75 EPS. FY 2025 guidance at 7.700-7.80 EPS. As a group, research analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current fiscal year.

Crown Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 6th were issued a dividend of $0.26 per share. The ex-dividend date was Thursday, November 6th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. Crown’s payout ratio is 12.87%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Mizuho raised their price objective on shares of Crown from $116.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Royal Bank Of Canada raised their price target on Crown from $116.00 to $120.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $115.00 price objective (up previously from $110.00) on shares of Crown in a report on Wednesday, October 22nd. Wells Fargo & Company boosted their target price on shares of Crown from $97.00 to $99.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 22nd. Finally, UBS Group reissued a “buy” rating and set a $117.00 price objective on shares of Crown in a report on Tuesday, October 21st. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Crown currently has an average rating of “Moderate Buy” and a consensus price target of $118.08.

Crown Company Profile

Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.